Oil Jumps Past $100 a Barrel For First Time Since 2008

Newsmax reported that European Brent crude oil
sold for $100.95 in trading yesterday – marking the first time in over
two years.

American oil markets are still lagging the $100
mark, with
West Texas crude selling for about $92 a barrel.

And while troubles in Egypt, Jordan, Tunisia, Yemen and a handful of other
Middle Eastern countries continue, oil prices can only rise.


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